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Pacific Money

The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.

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Are Laos’ New Railways a Solution to its Lack of Trade with the West?
November 02, 2022

Are Laos’ New Railways a Solution to its Lack of Trade with the West?

By David Hutt
Transport costs are not the only problem facing the country, but reducing them could help spur progress in other areas.
Can the EU and Indonesia Sign Their Elusive Free Trade Agreement?
November 02, 2022

Can the EU and Indonesia Sign Their Elusive Free Trade Agreement?

By William Yuen Yee
There is a tension between Brussels' environmental concerns and its desire to boost its commercial engagement with the Asia-Pacific.

Indonesia’s Industrial Export Ambitions
November 01, 2022

Indonesia’s Industrial Export Ambitions

By James Guild
President Joko Widodo has overseen a centralization of research, development, and industrial production.

The Need for Deepening US-Korea-EU Economic Cooperation
October 31, 2022

The Need for Deepening US-Korea-EU Economic Cooperation

By Troy Stangarone
The same challenges generating the need for cross-regional security cooperation are also creating a need for cooperation on issue related to energy and technology.

Southeast Asia’s Digital Economy to Top $200 Billion in 2022:  Report
October 31, 2022

Southeast Asia’s Digital Economy to Top $200 Billion in 2022: Report

By Sebastian Strangio
A new report claims that the region's digital economy could be worth more than $200 billion this year, outpacing previous projections.
Singapore Mulls Tighter Restrictions on Crypto Trading
October 27, 2022

Singapore Mulls Tighter Restrictions on Crypto Trading

By Sebastian Strangio
The Monetary Authority of Singapore says that trading cryptocurrencies is “highly risky and not suitable for the general public.”

UK Court to Hear Uyghur Demands to Ban Xinjiang Cotton
October 25, 2022

UK Court to Hear Uyghur Demands to Ban Xinjiang Cotton

By Associated Press
Lawyers representing the Uyghurs will argue that the British government's inaction breaches existing U.K. laws prohibiting goods made in foreign prisons or linked to crime.
Kazakhstan Tries New Oil Export Routes
October 24, 2022

Kazakhstan Tries New Oil Export Routes

By Paolo Sorbello
This year’s disruptions have made the Caspian Pipeline Consortium (CPC) a risky option. 

Pacific Rim Finance Leaders Mull Ways to Curb Inflation
October 21, 2022

Pacific Rim Finance Leaders Mull Ways to Curb Inflation

By Elaine Kurtenbach
APEC economies are focused on finding ways to help people cope with prices pushed higher by the fallout from the pandemic and the war in Ukraine.

What Is Happening With Sovereign Debt in Central Asia?
October 14, 2022

What Is Happening With Sovereign Debt in Central Asia?

By Djoomart Kaipovich Otorbaev
Since the early 2000s the Central Asian republics have largely kept their debt levels stable.

Taiwan Chipmaker TSMC Says Quarterly Profit $8.8 Billion
October 14, 2022

Taiwan Chipmaker TSMC Says Quarterly Profit $8.8 Billion

By Associated Press
Chipmakers are benefiting for demand for next-generation telecoms, high-performance computing and chips for use in products from cars to medical devices.
Why the Philippines Is Increasing Spending in the 2023 Budget
October 12, 2022

Why the Philippines Is Increasing Spending in the 2023 Budget

By James Guild
Planners are banking on strong economic growth, reduced inflation, and a strengthening peso in 2023. But are these assumptions sound?

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